In 1997 LLC “Bitel” was introduced to the Kyrgyz market and in 2006 under the brand “Bitel” LLC Sky Mobile began to provide communication services. In 2009 “Bitel” is rebranded to “Beeline” and in 2010 Sky Mobile LLC is a member of the VEON Ltd providing communication, data transmission, and Internet access in Kyrgyz Republic. As of December 2018, Beeline has 7.6M of customers with a mobile penetration rate at 123.2% operating in 63 stores including 4 743 point of sales. VEON, a parent company of Beeline, is a multinational telecommunication services company, provides essential communications and digital services to 210 million customers in ten countries and drives long-term growth from capital investment in developing markets while reducing operating costs in order to maximize shareholder returns. Veon Ltd has its shares listed in the New York Stock Exchange since 1996 and […]

Hyatt Corporation is one of the leading hotel companies around the globe and has also developed other special hotel concepts–the Grand Hyatt, the Park Hyatt, Hyatt Regency, Classic Residence etc. In 2009 Hyatt stock began trading publicly on the New York Stock Exchange. Not only does the stock offering ensured a strong capital base to help spark future growth, it also introduced a new level of visibility into Hyatt’s operations for investors, developers and the public alike. As of today, market capitalization is accounted for $7,754.63M and shares outstanding – 105.33M. In Kyrgyz Republic, HYATT Regency, at first, was a soviet hotel “Kyrgyzstan,” which was built in 1971, and after the collapse of the USSR, repaired and thus, its appearance has changed drastically. Now it is the only international 5-star luxury hotel brand in Bishkek with the top Mediterranean Bishkek […]

CJSC Finca Bank entered the Kyrgyz market in 1995 as a USAID program to support and provide low-income people with access to the goods and services required for business development and the enhancement of living standards. In 2003 FINCA Kyrgyz Republic is re-registered as Joint Stock Closed (CJSC) “FINCA Microcredit Company” and became a member of the Credit Information Bureau. In March 2015, the CJSC “FINCA Microcredit Company” obtains a banking license and is transformed into CJSC “FINCA Bank”, fully licensed to take deposits for the first time. By 2018, the bank holds more than USD 42 million in client deposits and increased its customer base to more than 100 000. Net profit of the bank in 2017 was 5.827 million USD.

Alliance Altyn LLC was registered in 2015 in Talas region, Kyrgyz Republic. It is a part of “Russkaya Platina” group. Alliance Altyn has a license for development of field “Jerooy” until 28 August 2035. From 2015 they started geological works and environmental engineering studies. They totally spent for these works 679.4 thousand USD. In years 2018-2031 Alliance Altyn plans open pit mining with output of 1.3 million tons of ore per year, 58.2 tons of gold. In years 2031-2043 they plan underground mining with output of 700 thousand of ore per year, 28.7 tons of gold. According to data of 2016, total spending for the project is 307 million USD.

Novotel Bishkek City Center is a part of Accor Group. Accor is a French company which was founded in 1967. It has over 4800 hotels in 100 countries with about 280,000 employees.  In 2018, total revenue was about 3.61 bln. USD. Accor Group’s hotels are divided into classes like Sofitel (luxury hotels), Pullman (top class hotels), Novotel (middle class hotels), etc. The first Novotel was founded in 1967, in French city Lille. It had 62 one-typed rooms with area of 25 . And now, in 2019, Novotel is opening in Bishkek city. It offers leisure and business guests a comfortable accommodation and easy access to main attractions of the city with contemporary designed rooms. Also, it has different cuisines in hotel restaurants and many spa facilities for relaxation. Estimated investment size into Novotel Bishkek City Center is 25 mln. USD.

Centerra Gold is Canadian gold-mining company, which works on production of gold and copper. Its main asset is “Kumtor” gold mine, which is located in Kyrgyz Republic. Also, it owns “Mount Milligan” gold mine, which operates in British Columbia for many years.  As of 2019, Centerra Gold stocks 14.2 million ounces of gold and 2.5 billion pounds of copper. In 2017, total revenue of the company was 2.1 billion USD with net profit 209.5 million USD. Centerra Gold is one of the most important companies for Kyrgyz Republic’s economy. It provides more than 3600 workplaces. From 1997 to 2018, in “Kumtor” gold mine were produced more than 12.1 million ounces of gold. Deposits of gold in “Kumtor” are estimated at 700 tons. From 1994 to 2018, total payments of the company on Kyrgyz Republic’s territory are around 3.77 billion USD. […]

Demir Kyrgyz International Bank was established in 1997. It is the first international commercial bank operating in Kyrgyz Republic. In years of formation, bank has a number of obstacles that could ruin the bank, such as Russian crisis in 1998, Turkish crisis 2000. Bank not only survived this period, but on the contrary, became one of the leaders of banking market in Kyrgyz Republic. The main purpose of DemirBank is to provide wide specter of banking services to corporate clients and individuals with implementation of innovative banking services. Nowadays, DemirBank is not only one of the biggest banks (share capital on 2018 amounts 600 million soms) in Kyrgyz Republic, but also is a big contributor to the development of the country’s economy and significantly improved the banking system of the Kyrgyz Republic. DemirBank is an active member of different business […]